Bitcoin’s (BTC) rebound above $ 48,000 was aided by similar moves in altcoins, and analysts expect the market-wide rally to continue if the top-rated digital asset could target the $ 50,000 resistance.
Data from Cointelegraph Markets Pro and TradingView shows that the biggest winners over the past 24 hours are Frontier (FRONT), Ren (REN) and Keep Network (KEEP).
The launch of the Frontier cross-chain app is thrilling the community
Frontier is a decentralized financial aggregator (DeFi) focused on supporting the Ethereum blockchain, Binance Smart Chain and Harmony.
VORTECS ™ data from Cointelegraph Markets Pro highlighted a bullish outlook for FRONT on September 11 ahead of the recent price rally.
The VORTECS ™ Score, exclusive to Cointelegraph, is an algorithmic comparison of historical and current market conditions derived from a combination of data points such as market sentiment, trading volume, recent price movements and Twitter activity.
As can be seen in the graph above, the VORTECS ™ Score for FRONT turned green on September 11th and climbed to a high of 80 in about 34 hours before rising 66% over the next two days.
The FRONT price suddenly skyrocketed after the project announced the upcoming launch of version 2 of the Frontier app, which will allow users to link all of their crypto wallets through an integration with a wallet connection.
Ren is moving towards full decentralization
Ren is an open protocol that facilitates interoperability and liquidity between different blockchains and offers one of the most widely used solutions for integrating Bitcoin into the ecosystem. DeFi is growing.
VORTECS ™ data from Cointelegraph Markets Pro highlighted a bullish outlook for Ren on September 14 ahead of the recent price rally.
As can be seen in the graph above, the VORTECS ™ Score for REN climbed into the green on September 13th and climbed to a high of 71 on September 14th as the price rose 40% in the short term.
The impetus for REN comes after the September 13 announcement that the RenVM testnet integrated Greycore, a semi-decentralized validator that will help the reindeer ecosystem move closer to its goal of full decentralization.
Related: MicroStrategy’s Bitcoin Treasury exceeds cash held by 80% of S&P 500 non-financial companies
Keep Network publishes new DAO proposal
The third largest bullish factor on the 24-hour chart is Keep Network, a protocol that contains off-chain containers for personal data called “retention” that together form an “incentive-driven” blockchain.
Data from Cointelegraph Markets Pro and TradingView show that after hitting a low of $ 0.38 on September 13, KEEP price rose 45% to an intraday high of $ 0.55 on September 15 .
KEEP price spike due to the protocol exit a DAO proposal that aims to bring the NuCyper and Keep communities together under one governance platform.
The total crypto market cap is $ 2.182 trillion and the dominance of Bitcoin is 41.6%.